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Industrial news – page 18
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Representative imageLee & Associates Negotiates 26,600 SF Industrial Lease in Northwest DallasDALLAS — Lee & Associates has negotiated a 26,600-square-foot industrial lease in northwest Dallas. According to LoopNet Inc., the building at 616-626 W. Mockingbird Lane was completed in 1978 and totals 46,400 square feet.
Sagard Acquires Distribution Facility in Baltimore County for $91MROSEDALE, MD. — Sagard Real Estate has purchased a 621,144-square-foot distribution center located at 7001 Quad Ave. in Rosedale, a city in east Baltimore County.
PCCP, Distribution Realty Purchase Industrial Facility in Spring Hill, Tennessee for $51MSPRING HILL, TENN. — A joint venture between PCCP and Distribution Realty Group has acquired a single-tenant industrial facility located at 4637 Port Royal Road in Spring Hill, about 38 miles south of Nashville via I-65.
CapRock Partners Acquires 244,847 SF Industrial Property in Surprise, ArizonaSURPRISE, ARIZ. — CapRock Partners has purchased Summit at Surprise, a newly completed, 244,847-square-foot warehouse located northwest of Phoenix. Summit Surprise features two freestanding Class A buildings on two parcels totaling 16.9 acres.
Zenith IOS, J.P. Morgan Asset Management Close on $215M Credit FacilityZenith Industrial Outdoor Storage, a vertically integrated industrial outdoor storage investment platform, in partnership with institutional investors advised by J.P.
U.S. Industrial Demand Could Exceed Supply by Late 2027The U.S. industrial market could reach a turning point in late 2027, CoStar reported. Vacancy is expected to rise slightly through the early part of next year before making a gradual descent, with demand beginning to outpace supply late in the year.
Zenith IOS, JPMAM Seal $215M Credit Facility With KeyBank, TruistZenith IOS, JPMAM Seal $215M Credit Facility With KeyBank, Truist As the industrial outdoor storage space continues to gain momentum, some key players are celebrating the next phase of their partnership with a fresh round of financing. Zenith Industrial Outdoor Storage and J.P.
Representative imageLindenmeyr Munroe Signs 100,043 SF Industrial Lease in North HoustonHOUSTON — Lindenmeyr Munroe has signed a 100,043-square-foot industrial lease in North Houston.
Representative imageLee & Associates Negotiates 56,780 SF Industrial Lease in Grand Prairie, TexasGRAND PRAIRIE, TEXAS — Lee & Associates has negotiated a 56,780-square-foot industrial lease in Grand Prairie, located roughly midway between Dallas and Fort Worth. The tenant was not disclosed. According to LoopNet Inc., the building at 2401 W.
MAG Capital Partners Acquires 240,000 SF Manufacturing Facility in Metro ChicagoCHICAGO HEIGHTS, ILL. — MAG Capital Partners has acquired a 240,000-square-foot property that serves as the primary headquarters and manufacturing facility for Applied Acoustics International (AAI), a VisTech Manufacturing Solutions business and portfolio company of Angeles…
MMCC Secures $4.8M Acquisition Loan for Minnesota Industrial PropertyALBERT LEA, MINN. — Marcus & Millichap Capital Corp. (MMCC) has secured a $4.8 million loan for the acquisition of a 127,869-square-foot industrial property located at 1851 Margaretha Ave. in southern Minnesota’s Albert Lea.
New York Investor Buys Smyrna Flex WarehouseLM Real Estate Partners acquired Smyrna's 3M industrial property for $27M, reflecting a 40% price surge.
Northern NJ Industrial with Heavy Power Trades to Commerce Park InvestorsResource Realty of Northern New Jersey arranged the sale of a high-utility, standalone industrial facility located at 36 Pine St.in Rockaway, NJ.
Calare JV Trades Repositioned Self-Storage and Warehouse in MaldenCalare Properties completed the sale of 1 Wesley Street in Malden, MA. The approximately 103,300-square-foot property includes a fully renovated self-storage facility, a fully leased industrial warehouse building and a retail kiosk.
Representative imagePrologis’ European Rival Segro Accepts $18.8B Takeover OfferPrologis, the world’s largest industrial landlord, is about to get even bigger.
Minority Investors Sue Industrial Realty Group Over Timing Of Reverse MergerSeventeen investors demand a pause on the Sachem-IRG merger to protect assets amid pending arbitration.
Representative imageCIP Real Estate Buys Broward Campus for $99MCIP Real Estate has paid $99 million for an industrial and office park in Broward County, Fla., property records show.
Morgan Stanley Affiliate Pays $59M for Chandler Honeywell Aerospace PlantA Morgan Stanley affiliate paid $59 million for a nearly 200,000-square-foot building in Chandler where Honeywell Aerospace has been a tenant since 2020. The industrial park, Amplify Chandler, was sold by Phoenix Rising Investments.
JLL Negotiates Sale of 767,520 SF Industrial Building in Brookshire, TexasBROOKSHIRE, TEXAS — JLL has negotiated the sale of Twinwood Distribution Center III, a 767,520-square-foot industrial building in the western Houston suburb of Brookshire.
Link Logistics Acquires DFW, Austin WarehousesLink Logistics purchased a two-building industrial portfolio totaling 352,396 square feet in Texas’ Dallas-Fort Worth and Austin metropolitan areas.